UPI cashless payments will be helpful for small traders: Dr Jitendra Singh

New Delhi, Nov 29 (KNN) The United Payments Interface (UPI) cashless payments will be helpful for the small traders and their trade will be promoted, said Union Minister Dr Jitendra Singh.

The Union Minister of Textiles Smriti Irani and Minister of State for Development of North Eastern Region (I/C), Prime Minister’s Office, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr. Jitendra Singh formally launched the United Payments Interface (UPI) cashless payments at Purbashree stall at Dilli Haat, INA on Monday.

After the inauguration, Singh informed that e-vending system has been introduced for the first time at North-East stalls (Purbashree Stall) in Dilli Haat, INA and it will be taken up by other stalls also.

He also said that this New Year, the theme at the Dilli Haat, INA will be based on North East.

The cashless sales facility introduced at Purbashree stall is in line with the Prime Minister Shri Narendra Modi’s campaign for cashless transactions following demonetisation, he said adding that this facility will be helpful for the small traders and their trade will be promoted.

In the UPI mode, customers could use their respective bank gateway apps (for e.g. SBI PAY for State Bank of India) and pay directly against purchases to the accounts of Purbashree from the convenience of their mobiles.